I don’t think there’s a word invented yet to express how little they care about the emotional, mental, psychological effect a layoff may have on anyone before, during or after the holidays. Don’t kid yourself by thinking that they do.
You can justify it anyway you want. “Business need” , “trimming the fat” , “streamlining” etc…it doesn’t matter how you package it the end result is the same. It’s happening and they don’t care.
A CEO has two core metrics for which they are measured.
- First, make the stock move up. So lets look at that shall we. Its laughably low since she’s been CEO so that’s a wash. Designing a company to reflect YOUR political beliefs somehow didn’t magically make the stock go up. New customers didn’t break the doors down in order to give us their business because you did such.
Second, take care of your people. Well, you see how that’s going. You’re letting people go before the holidays no doubt. So we hired like never before and promoted like never before in order to fulfill YOUR political vision, now we have to let people go because we are too fat. Too many layers. Too many manager levels. You did manage to take care of yourself though, right? Giving yourself a huge bump in pay while other banking CEO gave themselves a pay cut during hard times. Very classy move, cover yourself while your underlings suffer. Well played on breaking that glass ceiling. It’ll be a great chapter for your book.
So, no vision, that’s for sure, no positive market moves, you can’t argue with the charts on that one and no use to even mention again how you take care of your people.
You’ve failed on your metrics. Its time to move on. You did the best you could…..I guess…you can look at it anyway you want just so long as you leave. Just go.